The Evaluation of the Neighborhood Stabilization Program

250 Pages Posted: 18 Oct 2017

See all articles by Johnathan Spader

Johnathan Spader

Abt Associates, Inc.

Alvaro Cortes

Abt Associates, Inc.

Kimberly Burnett

Abt Associates, Inc.

Larry Buron

Abt Associates, Inc.

Michael DiDomenico

Abt Associates, Inc.

Anna Jefferson

Abt Associates, Inc.

Steven Whitlow

Abt Associates, Inc.

Jennifer Buell

Abt Associates, Inc.

Christian Redfearn

University of Southern California

Jenny Schuetz

University of Southern California

Date Written: March 1, 2015

Abstract

The past decade has been marked by a massive housing bubble and foreclosure crisis. During the first half of the decade, home prices nationally experienced unprecedented growth, increasing 85 percent in real terms between 1997 and 2005 (Shiller, 2008). The increase was notable for its sheer magnitude and because it occurred in many markets throughout the country. In a report to Congress on the causes of the foreclosure crisis, the U.S. Department of Housing and Urban Development (HUD) detailed how, in a few short years, the country saw a housing market that had seemingly limitless potential for growth change into one that brought the economy to the brink of collapse (HUD, 2010).

Suggested Citation

Spader, Johnathan and Cortes, Alvaro and Burnett, Kimberly and Buron, Larry and DiDomenico, Michael and Jefferson, Anna and Whitlow, Steven and Buell, Jennifer and Redfearn, Christian and Schuetz, Jenny, The Evaluation of the Neighborhood Stabilization Program (March 1, 2015). Available at SSRN: https://ssrn.com/abstract=3055189 or http://dx.doi.org/10.2139/ssrn.3055189

Johnathan Spader (Contact Author)

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Alvaro Cortes

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Kimberly Burnett

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Larry Buron

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Michael DiDomenico

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Anna Jefferson

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Steven Whitlow

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Jennifer Buell

Abt Associates, Inc. ( email )

55 Wheeler Street
Cambridge, MA 02138-1168
United States

Christian Redfearn

University of Southern California ( email )

2250 Alcazar Street
Los Angeles, CA 90089
United States

Jenny Schuetz

University of Southern California ( email )

2250 Alcazar Street
Los Angeles, CA 90089
United States

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